Euro Area Imports Surge 3.1% in July

Imports into the Euro Area were down 3.8% year-over-year to €204.9 billion, their lowest level since December 2023, driven by lower purchases of fuels and lubricants (-16.9%) and crude materials (-9.7%). Imports were down mostly from Norway (-16.6%), the UK (-9.5%), China (-8.2%), and India (-6.1%).

Imports into the Euro Area climbed 3.1% year-on-year to €239.1 billion in July 2025, their highest level since March, driven by stronger purchases of food & drink (+9.3%), chemicals (+10.6%), and machinery & vehicles (+2.0%). By source, imports rose from the US (+11.3%), reflecting ongoing trade tariff uncertainty, as well as China (+3.6%), UK (+1.0%), Switzerland (+7.3%), and Turkey (+9.0%).

Imports into the Eurozone inched up just 0.1% year-on-year to €233.07 billion in April 2025, a sharp slowdown from the 7.7% surge recorded in March, reflecting stagnating domestic demand amid heightened trade war uncertainty following the implementation of new US tariffs. The modest increase was driven by higher imports of chemicals (+6.2%) and food and drink (+6.8%), while most other major categories posted notable declines. Imports from the US and China rose at a slower pace, up 4.8% and 8.9% respectively, while imports from the UK fell 4.4%.